13 Best Dividend Stocks to Buy Under $50

8. UGI Corporation (NYSE:UGI)

Number of Hedge Fund Holders: 26

Share Price as of the Close of December 20: $27.27

UGI Corporation (NYSE:UGI) is an American natural gas distribution company that offers safe, reliable, and affordable energy to its consumers. The company’s successful execution of its strategy resulted in record EBIT from its natural gas operations, consistent reductions in operating and administrative expenses, disciplined capital allocation, enhanced liquidity, and greater financial flexibility within its balance sheet. Since the start of 2024, the stock has surged by nearly 11%.

In fiscal Q4 2024, UGI Corporation (NYSE:UGI) reported revenue of $1.24 billion, down 11.54% from the same period last year. The revenue also missed analysts’ estimates by $409 million. However, the company successfully reduced operating and administrative expenses by $75 million across all segments compared to the previous year. It deployed approximately $900 million in capital, with 80% of this amount directed toward regulated utilities, mainly for infrastructure replacement and improvements, as well as to the Midstream and Marketing segment. Moreover, the company has provided an adjusted EPS guidance range of $2.75 to $3.05 per diluted share for the fiscal year ending September 30, 2025. This forecast assumes typical weather conditions and the current tax environment.

UGI Corporation (NYSE:UGI) is one of the best dividend stocks on our list as the company has been making regular dividend payments for 140 consecutive years. The company achieved a 10-year CAGR of 6%. In addition, it has raised its payouts for 37 consecutive years. Currently, it offers a quarterly dividend of $0.375 per share and has a dividend yield of 5.44%, as of December 23.

UGI Corporation (NYSE:UGI) was a part of 26 hedge fund portfolios at the end of Q3 2024, compared with 32 in the previous quarter, as per Insider Monkey’s database. The stakes held by these funds have a consolidated value of over $165.4 million. Among these hedge funds, AQR Capital Management was the company’s leading stakeholder in Q3.